Major changes in GST Invoice Management System (IMS) from October 2025 tax period - The Economic Times

The Goods and Services Tax Network (GSTN) recently announced a new feature in the Invoice Management System (IMS) on the GST portal. This allows taxpayers to mark credit notes as "Pending" for one tax period. In an advisory issued on October 17, 2025, GSTN also mentioned that the IMS functionality has been improved giving a flexibility to the taxpayers to modify their ITC reversal upon accepting t…